A presidential purchase: “In a move aimed at shoring up Tesla’s embattled fortunes, U.S. President Donald Trump purchased a red Tesla from CEO Elon Musk during a high-profile event at the White House on Tuesday. The transaction, staged on the South Lawn with several Tesla models—including the troubled Cybertruck—was on display and was widely seen as a public endorsement of Musk and his company at a time when both were facing mounting opposition.”
Trump, visibly impressed as he settled into a Model X, admired the vehicle, declaring, “That’s beautiful.” Moments later, he pointed to a red Model S, confirming it as his purchase. Musk, who has taken on an increasingly political role as the head of the Department of Government Efficiency (DOGE), showcased Tesla’s latest offerings, including the Cybertruck’s bulletproof exterior.
The president’s embrace of Tesla comes as the electric vehicle maker battles a series of setbacks, including attacks, slumping sales, intensifying competition from Chinese rivals, and a sharp decline in stock value. Trump went a step further, vowing to classify recent attacks on Tesla dealerships as domestic terrorism, linking the vandalism to broader culture war grievances.
But it will not change anything for Tesla until Elon Musk understands his real “business bosses”: liberals who actually buy EVs and care about the climate. He used to be their #1 fan but recently, he switched, and now sees them as enemies. And when he took that position, they decided to do the only thing that can hit a rich person: go after the size of his pockets.
The liberals are cutting EV credits and those things will affect Tesla pricing competitiveness. Elon’s new bases of Alabama, West Virginia, etc do not see much value in his product. Good People, never allow a village to cook for you because if they do, it is all over. The liberals are cooking for Musk.
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Get it from me: Tesla is in real trouble because Europe is switching off, and America blue states are making choices. If they continue for 3 quarters, Tesla will fade. So, besides a presidential purchase, Musk must modulate his public posture. Yes, you can do your thing but do not pick public fights with governors of California, MA, etc as those are the people who made you rich.
The British Columbia government has excluded Tesla from receiving rebates for electric vehicle chargers, Powerwalls, and inverters, citing the promotion of Canadian-made technology over foreign competitors. This decision was announced as part of a broader tariff response strategy, impacting Tesla’s eligibility for the CleanBC and BC Hydro rebate programs. Premier David Eby has clarified that this policy shift targets Tesla specifically, due to Elon Musk’s involvement. (Twitter)
Do you forget that California offered EV credits before the United States when you controlled 99% of the market? In other words, they subsidized Tesla, and transferred the commonwealth to Musk, and then, Musk did not ask California to cut the waste because it benefitted him! I am happy that states are cutting waste now by removing EV credits
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